By Asad Cheema
ISLAMABAD: President Islamabad Chamber of Commerce & Industry (ICCI) Muhammad Shakeel Munir has called upon the government to take measures for maximum facilitation of exporters as the export-led growth was the only best option for Pakistan to achieve sustainable economic growth and bring prosperity in the country.
Muhammad Shakeel Munir said that the country has achieved over 18 percent growth in exports during the fiscal year 2020-21, however, this performance was still far less than the actual potential as Pakistan could increase exports of many products including marble & granite, pharmaceuticals, IT services, rice and others. For this purpose, strenuous efforts from the government side for the facilitation of of exporters were needed. He was afraid that the withdrawal of exemptions worth Rs.343 billion would affect the growth of exports.
He expressed these views while addressing a dinner reception organized by Muhammad Naveed Malik, former Senior Vice President ICCI. Jamshaid Akhtar Sheikh Senior Vice President, Muhammad Faheem Khan Vice President ICCI, former MNA Zamurrad Khan, former Presidents Baser Daud and Sardar Yasir Ilyas Khan, former Vice Presidents Ashfaq Chatha and Saeed Ahmed Bhatti, Executive Member Azharul Islam, Satfeez Abbasi, Shakeel Qureshi, Sheikh Arsalan, Raja Javed, Zeeshan Sadiq, Raja Babar, Umar Sadiq, Ramzan Jutt and others were present at the occasion. The ICCI President said that boosting exports was so important for Pakistan to address its economic challenges as exports promotion would improve foreign reserves, finance imports, service debt, stabilize currency and overcome the persistent problem of the balance of payment deficit of the country.
